Is there much difference in property growth between Seville Grove and Kelmscott?
Seville Grove, WA 6112 is located within the Armadale local government area, part of the Perth (Greater) Region in Western Australia.
2 Answers
Seville Grove in Perth’s south-eastern suburbs is being eyed as an affordable choice for property investors, first homebuyers and families.
....Not only has Seville Grove seen 6.8% price growth in the past year, but REIWA has forecast further growth due to an 89% increase in sales volumes for the suburb in 2021. ...visit link, latest update
https://satterley.com.au/satterley-connect/best-suburbs-to-invest-in-perth-in-2022?blog=2afe6a59079548d7a36ca96298109977
In Seville Grove the average house price is $294k which is down 2% from last year. 120 properties sold with average days on market 75. Kelmscott's average house price is $268k which is down 14.81% on last year. The number of properties sold is 144 with average days on market 82. Kelmscott has definitely had a bigger drop in sales but it still fairing pretty good with the total numbers over the past 12 months. this will only improve in the coming months with a lot of active buyers still out there looking.
If you are looking for an investment property I would definitely recommend either of these suburbs. Our average days on market is 18 but with the right property with great presentation we tend to lease on a lot quicker than the average.
Amanda Wilson - Property Manager Seville Grove and Kelmscott
Professionals Armadale
[email protected]
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